Soon we will be able to bring you news of an important painting recently received by the Art Gallery (and currently with conservators for examination), as a result of the Payment in Lieu Scheme.  The following information is for members who may not be aware of this scheme:

The Acceptance in Lieu (AIL) Scheme is administered by the MLA.  It enables taxpayers to transfer important works of art and other heritage objects into public ownership while paying Inheritance Tax, or one of its earlier forms. The taxpayer is given the full open market value of the item, which is then allocated to a public museum, archive or library.

Items accepted in lieu and available for allocation

Once an object has been accepted in lieu, it is allocated by the Minister to a suitable museum or gallery. MLA’s AIL Panel provides the Minister with advice on the allocation of all objects, other than manuscripts, which have been accepted in lieu. (In the case of manuscripts, allocation recommendations are made by the Historical Manuscripts Commissioner at The National Archives.) Where an offer has been made with a condition that it be allocated to a particular institution and the Minister has agreed to the allocation, the object is immediately transferred to that institution as soon as the offer is completed.

Where an offer is made with a wish as to allocation, or with neither a wish nor a condition, the item is advertised on the items for allocation area of the MLA website and applications for allocation are invited.

Conditional Exemption

MLA also advises HM Revenue & Customs on works of art, manuscripts, heritage objects and historical documents, which are preserved and made available to the public in return for conditional exemption from Inheritance Tax or Capital Gains Tax. A list of Conditionally Exempt items can be found at http://www.hmrc.gov.uk/heritage/index.htm.

For further information and guidance, see the MLA website at www.mla.gov.uk/what/culturaltaxacceptance_in_lieu

Today we make a group visit to the Tobacco Factory to see a matinee performance of King Lear.  This event is now full.

Please note that numbered seats cannot be reserved ie it pays to be early, also for short excursions members need to make their own transport arrangements.

(Updated 14 February 2012)

Kate at work

We are delighted that this year’s Schubart Lecture on Thursday 29 September in the Rear Hall of the Museum, will be given by ceramicist Kate Malone.

On the News pages you will see that Kate has created a special Lady Gourd, which she has called ‘Fruits of my Life,’ now on display in the Bristol People Gallery of M Shed.  This exquisite example of ceramic art was comissioned by The Friends.  At her lecture, entitled: “Source or Sauce, the Ceramic Inspirations of Kate Malone”, Kate will tell us all about this, her life and times while in Bristol, and her experiences since as an acclaimed, internationally exhibited artist.

As with all our lectures, this lecture is free to members.  However, non-members are asked to contribute £3 each and a booking form for members to apply for any non-member guest they wish to bring with them to this lecture was included with the August Bulletin.

(Updated 12 August 2011).

Interior of Queen's Gallery

The exhibition today covers Dutch Landscapes and Treasures from the Royal Collection and brings together 42 remarkable works from the ‘golden age’ of Dutch painting; also, some of the greatest works of art acquired by Kings and Queens over 500 years

This excursion is  FULL

(Updated 12 July 2011)